1.

M/s Ruchi trader started their cash book with the following balances on July 2017: cash in hand Rs 1,354 and balance in bank current account Rs 7,560. He had the following transaction in the month of July, 2017: Rs 03 Cash sales 2,300 05 Purchased goods, paid by cheque 6,000 08 Cash sales 10,000 12 Paid trade expenses 700 15 Sales goods, received cheque (deposited same day) 20,000 18 Purchased motor car paid by cheque 15,000 20 Cheque received from Manisha (deposited same day) 10,000 22 Cash Sales 7,000 25 Manisha’s cheque returned dishonoured 28 Paid Rent 2,000 29 Paid telephone expenses by cheque 500 31 Cash withdrawn for personal use 2,000 Prepare bank column cash book

Answer»

M/s Ruchi trader started their cash book with the following balances on July 2017: cash in hand Rs 1,354 and balance in bank current account Rs 7,560. He had the following transaction in the month of July, 2017:












































































Rs



03



Cash sales



2,300



05



Purchased goods, paid by cheque



6,000



08



Cash sales



10,000



12



Paid trade expenses



700



15



Sales goods, received cheque (deposited same day)



20,000



18



Purchased motor car paid by cheque



15,000



20



Cheque received from Manisha (deposited same day)



10,000



22



Cash Sales



7,000



25



Manisha’s cheque returned dishonoured





28



Paid Rent



2,000



29



Paid telephone expenses by cheque



500



31



Cash withdrawn for personal use



2,000






Prepare bank column cash book








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